Indoor Farming Boom:
Indoor farms aim to provide fresh produce year-round, combat climate change, and save resources.
Mixed Outcomes:
While some like Eden Green and Kroger thrive, others like AeroFarms and AppHarvest face financial difficulties.
Sustainability Concerns:
High energy costs for artificial lighting pose sustainability challenges, but some seek solar solutions.
Alternative Approaches:
Outdoor options like high tunnels and investing in regenerative farming practices are suggested.
Pest Control:
Indoor farms focus on hygiene to combat pests and use fewer pesticides than outdoor farms.
Scaling Struggles:
Rapid expansion presents challenges for indoor farming startups.
Innovative Solutions:
Companies like Eden Green, Plenty, and Soli Organic work on energy-efficient and soil-based approaches.
Investment Uncertainties:
Profitability doubts persist; partnerships and grants may be key to success.
Capital Intensity:
The industry's high capital requirements make profitability a challenge.
Future Prospects:
Indoor farming faces opportunities and obstacles as it strives for sustainability and profitability.